16M Mixed-Use Project Signs Leases

DENVER—Interest in the 16M project at the corner of Sixteenth and Market Streets is hot—a total of six leases for commercial space have been executed to date. Construction on the 10-story mixed-use development at this anchor location is well underway with occupancy set for July 2014.

Newmark Grubb Knight Frank is well ahead of the game in terms of leasing out its 130,000 square feet of office space as it has signed a number of major tenants and is in negotiations with several more. “We’ve had tremendous response for leasing the building,” said Newmark Grubb Knight Frank’s Jamie A. Gard, “We have about 50,000 square feet of the building pre-leased.” While Newmark Grubb Knight Frank is not able to disclose the names of the tenants at this point, the good news for LoDo is that they are all newcomers to the district.